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Moneta Markets vs FXOpen 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Moneta Markets vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Moneta Markets
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 79
  • Tradeable Symbols (Total): 1016
FXOpen
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 76
  • Tradeable Symbols (Total): 87

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

Moneta Markets and FXOpen are popular online brokers, each with unique offerings and regulatory standings. Moneta Markets was founded in 2009 and holds a single Tier-1 license, which indicates a high level of trust according to ForexBrokers.com. It also has one Tier-2 license, further supporting its reputable status. With a Trust Score rating of 79 out of 99, Moneta Markets is considered to be average risk, offering a secure platform for traders, despite not being publicly traded or a banking institution.

On the other hand, FXOpen, established in 2003, holds two Tier-1 licenses, highlighting its strong regulatory compliance and dedication to securing client confidence. However, it lacks Tier-2 licenses. FXOpen's Trust Score from ForexBrokers.com is slightly lower at 76, still placing it within the average risk category. Like Moneta Markets, FXOpen is neither publicly traded nor a bank, but its long-standing presence in the market suggests a dependable choice for traders seeking reliable brokerage services.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Year Founded info 2009 2003
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0

Fees

When it comes to commissions and fees, Moneta Markets stands out with a 4.5/5 star rating and a #17 ranking out of 63 brokers at ForexBrokers.com. FXOpen earns 4/5 stars and ranks #45/63, signaling higher typical costs or less competitive pricing transparency compared to Moneta.

Moneta Markets offers three account types. The commission-free Direct STP account has an average EUR/USD spread of 1.38 pips (August 2023). Its Prime ECN account averages 0.194 pips on EUR/USD plus a $6 round turn per standard lot, leading to an all-in cost near 0.79 pips—slightly below the industry average. For larger deposits, the Ultra ECN account charges just $2 round turn ($1 per side) and features tighter spreads, but it requires a $20,000 minimum.

FXOpen does not provide average spread data, which makes direct cost comparisons harder. Based on independent assessments, however, its 4/5 star rating and #45/63 ranking in the Commissions and Fees category suggest it trails Moneta Markets on pricing competitiveness for forex trading.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Minimum Deposit info $50 $100
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Moneta Markets vs FXOpen: both brokers support forex trading (CFD or spot). Moneta Markets offers a wider selection overall, with 1,016 tradeable symbols and 45 currency pairs, compared with FXOpen’s 87 symbols and 25 pairs. Both provide copy trading, and while neither lets you buy actual cryptocurrency, each offers cryptocurrency derivatives for trading.

If you’re looking for direct share dealing, note that neither broker offers exchange-traded securities on U.S. or international exchanges. For range of investments, Moneta Markets earns 4 out of 5 stars and ranks #36 out of 63 brokers on ForexBrokers.com, while FXOpen scores 3 out of 5 stars and ranks #63.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 87
Forex Pairs (Total) info 45 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Moneta Markets vs FXOpen: both brokers check the key boxes for trading platforms and tools. Each offers a free demo (paper) account, no proprietary platform, and full support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You’ll find Windows desktop downloads, web-based platforms, copy trading, and the ability to place trades directly from charts at both brokers.

The differences come down to extras. Moneta Markets supports DupliTrade, while FXOpen connects to ZuluTrade. Exact chart indicator counts aren’t provided, but Moneta Markets lists 78 drawing tools versus FXOpen’s 15. For watchlists, FXOpen provides 7 columns compared with Moneta’s 4. Both earn 4 out of 5 stars for trading platforms and tools; however, ForexBrokers.com ranks Moneta Markets #34 of 63 and FXOpen #54 of 63. If you want DupliTrade and more drawing tools, Moneta Markets stands out; if you prefer ZuluTrade and more watchlist fields, FXOpen may fit better.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info Yes No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 105 30
Charting - Drawing Tools (Total) info 78 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 4 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Moneta Markets and FXOpen both deliver capable mobile trading apps for iPhone and Android, with price alerts and watchlists showing real-time quotes. Each app includes 30 technical studies for charting, lets you draw trendlines, and switch among multiple time frames such as daily, weekly, or intraday. Both are rated 4 stars for mobile trading apps, making them solid picks for traders who want charting and alerts on the go.

The main differences come down to convenience. The Moneta Markets mobile app syncs your watchlists with your online account, so changes carry across devices, and it auto-saves your chart drawings. FXOpen does not offer watchlist syncing or auto-save for drawings. Reflecting these perks, Moneta Markets ranks #36 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while FXOpen ranks #55. Choose Moneta Markets if syncing and saved drawings matter; choose FXOpen if you mainly need charts, alerts, and real-time quotes.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Moneta Markets and FXOpen both deliver the essentials for staying informed, including daily market commentary, top-tier forex news from sources like Bloomberg or Reuters, and an economic calendar. Neither broker offers Autochartist tools.

Where they differ is in extra research features: Moneta Markets includes Trading Central analytics and a sentiment tool showing long/short positioning, while FXOpen does not. Moneta Markets is rated 4 stars for Research and ranks 33rd out of 63 brokers on ForexBrokers.com, compared with FXOpen’s 3-star Research rating and 64th-place ranking. If built-in research tools matter to you, Moneta Markets has the edge.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing forex and CFD education, Moneta Markets delivers far more learning material than FXOpen. Moneta Markets offers a full library with at least 10 educational pieces, 10+ beginner videos, and 10+ advanced videos, plus a searchable archive of recorded client webinars. It also includes an investor dictionary with 50+ terms. FXOpen, by contrast, does not meet the 10-piece threshold for forex/CFD education, does not offer 10+ beginner or advanced videos, and has no searchable webinar archive—though it does provide a 50+ term investor dictionary. Neither broker hosts monthly live educational webinars.

These differences show up in the ratings: Moneta Markets earns 4 stars for Education and ranks #33 out of 63 brokers at ForexBrokers.com, while FXOpen earns 3 stars and ranks #59. If you want structured trading education for beginners—with videos and archived webinars—Moneta Markets is the stronger pick. If you only need a glossary and light reading, FXOpen may suffice.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Moneta Markets is better than FXOpen. Moneta Markets finished with an overall rank of #35, while FXOpen finished with an overall rank of #54.

Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.

Feature Moneta Markets logoMoneta Markets
FXOpen logoFXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 79 76
Range of Investments 4/5 Stars 3/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Moneta Markets or FXOpen?

Both Moneta Markets and FXOpen do not allow the purchase of actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.

What funding options does each broker offer?

Both Moneta Markets and FXOpen allow deposits and withdrawals via Visa, Mastercard, and bank wires, but only FXOpen offers the additional option of using Skrill, while neither supports ACH, SEPA, or PayPal transactions.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Compare

0 of 5
Overall Rating Moneta Markets FXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 79 76
Winner check_circle
Review Moneta Markets Review
Broker Screenshots Moneta Markets FXOpen
Broker Gallery (click to expand) info
Regulation Moneta Markets FXOpen
Trust Score info 79 76
Year Founded info 2009 2003
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 1 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) Moneta Markets FXOpen
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) Moneta Markets FXOpen
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Moneta Markets FXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 87
Forex Pairs (Total) info 45 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Moneta Markets FXOpen
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding Moneta Markets FXOpen
Minimum Deposit info $50 $100
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Moneta Markets FXOpen
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info Yes No
ZuluTrade info No Yes
Trading Tools Moneta Markets FXOpen
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 4 7
Charting - Indicators / Studies (Total) info 105 30
Charting - Drawing Tools (Total) info 78 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Moneta Markets FXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research Moneta Markets FXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education Moneta Markets FXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Moneta Markets FXOpen
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Moneta Markets Review
Overall Moneta Markets FXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 79 76
Winner check_circle
Review Moneta Markets Review
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